News: Front Section

Covaris expands to 32,000 s/f at Cummings Properties' 14 Gill Street

For the fourth time in eight years, Covaris is expanding its footprint at Cummings Properties' 14 Gill St. building. According to Cummings Properties account manager Tony Spencer, the international firm is adding 6,000 s/f, for a total of 32,000 s/f. The space includes a complete laboratory, warehouse space, and offices. Covaris founder and CEO Jim Laugharn has been a Cummings Properties client for 25 years. He first leased 2,000 s/f at the commercial real estate firm's Olympia Ave. location when his then three person company was part of BMA Laboratories. Since moving to 14 Gill St. in 2006, Covaris, which now employs 75 staff members, has more than quadrupled its space. "We are very pleased to be able to accommodate yet another expansion for Covaris. It is a rare and distinct honor to be in business with a company for a quarter-century, and have the opportunity to watch it succeed and expand as Covaris has," said Spencer. According to Laugharn, Covaris' long relationship with Cummings Properties is due to the central building locations for employees and the firm's ability to quickly and efficiently meet expansion needs. Laugharn attributes the company's growth to the creation of key products for use in both cancer research and clinical medicine. Cummings Properties' 10 million s/f of prime space accommodates executive offices, healthcare facilities, laboratories, retail storefronts, warehouses, and more. With a portfolio of this size and variety, the firm can meet almost any commercial real estate need, from 150 s/f to 300,000 s/f. Its in-house experts in design, construction, and property management offer "one-stop shopping" for leasing clients.
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McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

Hingham, MA The Conrad Group  has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
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